CFR > Title 21 > Chapter II > Part 1309 > Security Requirements
Current as of: 2024 | Check for updates
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Other versions
| § 1309.71 | General security requirements |
| § 1309.72 | Felony conviction; employer responsibilities |
| § 1309.73 | Employee responsibility to report diversion |
Terms Used In CFR > Title 21 > Chapter II > Part 1309 > Security Requirements
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Garnishment: Generally, garnishment is a court proceeding in which a creditor asks a court to order a third party who owes money to the debtor or otherwise holds assets belonging to the debtor to turn over to the creditor any of the debtor
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.